The Financial Accounting and Auditing Researches
Year:2012 | Volume:4 | Issue:14|Papers Count:8

The Content of Earnings has been investigated in many times. Accounting researchers have been looking for measurement which can be used as a competitor against earnings. One of the major competitors against earnings is cash flows. In this study, returns on assets is as proxies for earnings-based measures, and estimated internal rates of return is as proxies for cash recovery-based measures, That their relationship were investigated Tobin'Q and the stock returns, which are both indicators of the company’s performance. The research's method of the present study is based on the correlations. This study was conducted on the companies which were present in Tehran Stock Exchange. The study was done from 2005 to 2008. Pearson product moment correlations and multiple regressions were used to test hypotheses. According to the results, it can be concluded that the relative information content of earnings is more than the relative information content of cash recovery rates. And the incremental information content can't be investigated.

The purpose of this research is investigation of the impact of earnings management on value relevance of earnings per share and its book value as accounting information in the context of companies listed in Tehran stock exchange. This study used earnings management measures constructed by Leuz et al (2001) and Bhattacharya et al (2001) and examines the relationship between these measures and their impact on the value relevance of accounting information. In this research, data are analyzed for the period of 2004-2009 by using of the Pooled Data system and Ordinary Least Square Regressions (OLS) Model. The results show that aggregate earnings management measures are significantly negatively associated with the value relevance of earnings per share and its book value.

The main objective of this paper is to examine the incremental information content of intellectual capitals of the firms listed in Tehran Stock Exchange according to the life cycle stages. Research samples included 74 firms during 1381-1387. The results of hypothesis testing utilizing "multiple regression method" suggests that attributes of intellectual capital don’t have incremental information content regarding firm's market values. The relative information content of the attributes of intellectual capital however is different at each stage of life cycle. Other results indicate that the highest correlation between the firm market value and intellectual capital is in the adolescence stage and in the next step the highest correlation is in the growth stage and the lowest correlation is in the decline stage.

The main purpose of this paper is review of the relationship between conservatism and amount of earning anticipation of companies accepted in Tehran stock exchange. For quantifying the conditional conservatism, we use two measures including negative coefficient of total voluntary (non-operational) accrual items to total assets and the proportion of net income before unexpected items to market value of stockholders equity. Likewise, for quantifying the unconditional conservatism, we use two measures namely the rate of book value to market value of net assets and negative coefficient of total accrual items total assets average. Research hypothesis studied on each industries level and total industry level. The findings imply that there was no significant relationship between including negative coefficient of total voluntary (non-operational) accrual items and anticipated earning in total industry level. Also, there was a significant relationship between the proportion of net income before unexpected items to market value of stockholders equity and anticipated earning in plant and equipment, electric and ceramic tile industries; but there was not a significant relationship between them in total industry level. In addition, there was an insignificant relationship between the proportion of book value to market value of net assets and anticipated earning in electric and food-beverage industries and this hypothesis corroborated in other industries and total industry level. Eventually, the results represent that the negative coefficient of total accrual items to total assets average had an insignificant relationship on anticipated earning.

The major purpose of this paper is investigating and analyzing the influence of audit quality on the relation between accrual quality as a proxy for earnings quality and cost of equity capital. The sample data used for the research consisted of financial reporting by companies listed of the Tehran Stock Exchange (TSE). We examined the data of 103 companies from 1384-1388. Using a pooled cross-sectional least squares regression, this study documents evidence that higher earnings quality leads to a lower cost of equity capital. The results also suggest that in companies with higher audit quality, there is a stronger relationship between earnings quality and cost of equity capital.

In the environment affected by the globalization of the accounting and auditing standards, Identifying the factors and difficulties affecting on relations between auditors and the client and doing efforts to elimination them, may be an effective step towards expanding the auditing profession in Iran, So this research had been done about the relationship between client and auditors, and related problems in the Iran Audit environment. The main goal of this research is developing the literature about the relationship between the client and the auditor by means of investigation of relevant problems and difficulties that the auditors and clients are faced with them during the audit process in Iran.The methodology of this research is Descriptive- survey and in the field of collecting data questionnaires are used that the structural and substantial validity is vitrified. Based on research findings, lack of experience with audit staff to understand the entity's activities and lack of professional ethics from auditors during the audit is the major problems that have been observed by the client. In addition, lack of access to the entities information and the lack of information, books and accounting records in the entity is the major problems observed by the auditors.

Oil section provides 97 percentage of the country energy. The role and importance of the oil on the Iran's economy is no secret to any one, so every change in this section can effect on the Iran's economy. So investigation in this section is necessary.Income Statement has basic role in the financial reports and evaluation models. Relay on the Income Statement Indices is not sufficient for the evaluation of the firm performance. Productivity is one of the best criteria for the appraisal of performance and improvement of this is the important duty of the management. Therefore grouth and improvement of organization related to the attention of Productivity.In this paper it is tried to investigate whether there is any relation between the Items of Income Statement and Productivity Indices of Oil Companies of Tehran Stock Exchange or not? For this reason, some of the industries of Oil Companies are chosen as a statistical sample and community. Testing of these hypotheses was done by correlation method, regressions analyze & Curve Fit test. It was confirmed that there is a relation between the Items of Income Statement and Productivity Indices of Oil Companies.

Because the knowledge of all aspects of financial performance for the economic decisions of users of financial needs, it is necessary to identify all revenues and expenses during the period be considered. For this purpose, the committee drafted new guidelines for accounting and audit report to the profit and loss reports for comprehensive profit binding in all units. In this paper, the information content of net income, comprehensive income and of the alternative candidates profit in the Tehran Stock Exchange. According to Standard No. 6, comprehensive income consists of net income (NI), Adjustment for foreign currency translation (FCT), Adjustment for unrealized gains/ losses on securities) and Annual adjustments (AA). Expected to report comprehensive income classified intelligence reports, financial times increase. If classified information is expected to increase its financial information. Due to the homogeneity of variables accounting, content relative to comprehensive income and Alternative candidate for income with Companies listed on stock exchange Tehran data over the years 2001-2010 Using multiple linear regression and the Wald test were studied. The results show that comprehensive income (Standard No. 6) for the explanatory power is stronger, and among income alternative candidates' net income plus FCT and AA has the highest content. This result with the research evidence Biddle and Choi (2006) in America, and Kiridaran Kanagaretnam (2009) in Canada is similar.